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The paper evaluates some policy dilemmas the Czech monetary policy will face on the way towards adopting common currency. The assessment of the inflation criterion concentrates on the potential clash with so called real convergence showing that alleged negative influences on the catching-up...
Persistent link: https://www.econbiz.de/10005808673
The first question that we ask ourselves in our article is whether the accounting of the central bank is supposed to …. Special attention is paid to the monetary and financial impact of the loss of the central bank. We are pointing out that … losing the central bank means profit for market subjects at the same time. It is not just a "fictitious" accounting problem …
Persistent link: https://www.econbiz.de/10008545880
backed by gold or by other bank reserves, and so monetary policy should be primarily oriented to the quality of money, i ….e., to price stability. This is the main or one of the main goals of current central bank monetary policy in market economies …
Persistent link: https://www.econbiz.de/10008549675
years before the introduction of the euro) and to the evaluation of exchange rate criteria. Following an introduction, the …
Persistent link: https://www.econbiz.de/10008549714
This article attempts to answer a few open questions related to price convergence in the Czech Republic and in other Central and Eastern European Countries toward prices in the European Union. The authors address the following issues: First, what, from the theoretical viewpoint, should the...
Persistent link: https://www.econbiz.de/10008549821
years before the introduction of the euro) and to the evaluation of exchange rate criteria. Following an introduction, the …
Persistent link: https://www.econbiz.de/10008549881
beginning to end. For these countries, this spans the period from accession to the future introduction of the euro, according to …
Persistent link: https://www.econbiz.de/10008549919
V kvìtnu 2002 se konal 38. semináø ÈSE z øady semináøù ""Ekonomické teorie a èeská ekonomika"" s názvem: Argentina - vzestupy a pády?. Øeèníkem semináøe byl Jiøí Jonáš, poradce výkonného øeditele Mezinárodního mìnového fondu. Jeho vystoupení se zamìøilo na...
Persistent link: https://www.econbiz.de/10008495621
National Bank), who summarized the main ideas of quantitative easing and the role of a central bank during a period of …
Persistent link: https://www.econbiz.de/10008495641
Tøi dùležité výzvy: zavádìní nových strategií mìnové politiky, vypozorované odlišnosti v prùbìhu finanèních krizí mezi rozvinutými a rozvíjejícími se ekonomikami a vznik EMU ? napomohly v poslední dekádì posunout úvahy o transmisním mechanizmu mìnové politiky....
Persistent link: https://www.econbiz.de/10008495758